Charting the Course of the Global Economy
Real Vision: Finance & Investing
00:00
Can We Really Control the Exchange Rate?
In 1985, the US dollar was so strong that only Boeing and Coca Cola were still for globalization. Reagan pushed this dollar down quite sharply using the Plaza court. But since then the dollar has been kind of allowed to float on its own. And I'm afraid that this will make many blue color workers in United States very unhappy again.
Play episode from 01:00:40
Transcript
